OGI February 2020

Oil and Gas Investor Magazine - February 2020

Some deals are still getting done in the Midland Basin, writes Oil and Gas Investor's Editor-at-Large Nissa Darbonne. For instance, longtime E&P executive Jack Hightower picked private-equity-backed Grenadier Energy Partners II LLC as the platform purchase for his SPAC, Pure Acquisition Corp., which will trade as HighPeak Energy Inc. upon closing. In the southern Midland Basin, Sequitur is focused primarily on the Wolfcamp. It has looked at data on other benches, such as the lower Spraberry, which it believes prospective across much of its leasehold. In this issue of Oil and Gas Investor smaller Midland Basin operators discuss longer laterals, parent-child, lowering per-foot costs, evaluating additional targets and field operations efficiencies.

Also in this issue:

  • Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.
  • Even with giant deals, massive oil discoveries and a move west of its legacy fields, Alaska begins 2020 looking to pick up the slack from production declines, debt and the threat of higher taxes.
  • While barriers to entry are high, electricity is positioning to be the future of fracturing.

Cover Story

Independent In The Midland

Smaller Midland Basin operators discuss longer laterals, parent-child, lowering per-foot costs, evaluating additional targets and field operations efficiencies.

Feature

Alaska Oil: Polar Regress

Even with giant deals, massive oil discoveries and a move west of its legacy fields, Alaska begins 2020 looking to pick up the slack from production declines, debt and the threat of higher taxes.

E&P Capital Strategies: A New Gatekeeper

Free cash flow is in vogue as a key metric, but much may depend on the maturity level of the producer.

Executive Energy Graduate Programs: Studying For The C-Suite

Higher education in energy, through graduate business and technical degree programs, offers new opportunities for executives to diversify their skills and accelerate their career paths.

Executive Energy Graduate Programs: Top 15 Energy Graduate Programs

Offering a mixture of technical and nontechnical degrees, these 15 graduate energy programs can help materially advance executives’ careers.

Indigo Natural Resources Executive Q&A: Cruising Altitude

Fresh off of a multibillion-dollar sale of its midstream interests, natural gas producer Indigo Natural Resources is flying high above the storm clouds.

Oil And Gas Talent: Leading A Diverse Workforce

When a shared goal is viewed from multiple angles, a team can achieve it more effectively. That’s why diversity is crucial for oil and gas.

Oilfield Technology: Power Play

While barriers to entry are high, electricity is positioning to be the future of fracturing.

A&D Trends

A&D Trends: ‘Times Have Changed’

Centennial Resource Development Inc.’s CEO Mark Papa says he expects shale production to grow by just 400,000 barrels per day in 2020.

At Closing

OGI At Closing: NEPA Or Not?

President Donald Trump is proposing a change to the National Environmental Policy Act to speed up infrastructure projects, a first in 50 years.

E&P Momentum

E&P Momentum: Back To Basics

As high-flying cube programs produce less than stellar results, Midcontinent E&Ps discover redemption in focusing on acreage rather than single-well economics.

From the Editor-in-Chief

From OGI Editor-In-Chief: E&P Capex Capitulation

While less is now more as investors turn a skewed eye on growth and production, E&Ps may finally be capitulating on plowing back capex spending.

On the Money

On The Market: Oil Price Uncertainty Post-Soleimani

In the swirl of geopolitical events post-Qassem Soleimani, Citi bumped up its 2020 price forecasts for both Brent and WTI.